Global Toluene Market 2017-2021

  • ID: 4420460
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • BASF
  • CEPSA (IPIC)
  • DAELIM
  • Indian Oil
  • Mitsubishi Chemical
  • Reliance Industries
  • MORE
1h Free Analyst Time

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About Toluene

Toluene is an aromatic hydrocarbon solvent, which is produced during the manufacturing of gasoline and other fuels from crude oil. Alternative names used for toluene are methylbenzene, toluol, anisen, and phenyl methane. Naphtha is the main feedstock, which is used to produce toluene. Heavy and light naphtha are the two main grades that are used for producing toluene. It is extracted during the process of fractional distillation of crude oil. In addition, Coke Oven Light Oil (COLO) can be used as an alternative for manufacturing aromatics such as toluene, however, owing to the low combustion value of these products and shortage of supply, naphtha is most commonly used as a raw material for the manufacturing toluene and other aromatics.

The analysts forecast the global toluene market to grow at a CAGR of 4.59% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global toluene market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of toluene for manufacturing its derivative types.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Toluene market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chevron Phillips Chemical
  • ExxonMobil
  • LyondellBasell Industries
  • Reliance Industries
  • BASF
Other prominent vendors
  • Wanhua Industrial Group
  • BP
  • Braskem
  • CITGO Petroleum
  • CEPSA (IPIC)
  • DAELIM
  • Indian Oil
  • LOTTE CHEMICAL TITAN HOLDING BERHAD
  • GS Caltex
  • Marathon Petroleum
  • Mitsubishi Chemical
  • NOVA Chemicals
  • Petróleos Mexicanos
  • Shell
  • SK global chemical
  • TOTAL
Market drivers
  • Widespread application avenues of toluene
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuations in toluene prices
  • For a full, detailed list, view the full report
Market trends
  • Fluctuation in crude oil prices
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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2 of 5

FEATURED COMPANIES

  • BASF
  • CEPSA (IPIC)
  • DAELIM
  • Indian Oil
  • Mitsubishi Chemical
  • Reliance Industries
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY DERIVATIVE TYPE
  • Global toluene market by derivative type
  • Global toluene market share by derivative type
  • Global toluene market by benzene and xylene
  • Global toluene market by gasoline additives
  • Global toluene market by TDI
  • Global toluene market by solvents
  • Global toluene market by others
PART 07: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC – market size & forecast
  • Americas – market size & forecast
  • EMEA – market size & forecast
  • Key leading countries
  • Market opportunity
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Fluctuation in crude oil prices
  • Alternatives for toluene
  • Increase in R&D activities
PART 11: VENDOR LANDSCAPE
  • Competitive scenario
  • Major market vendors
  • Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
  • BASF
  • Chevron Phillips Chemical
  • ExxonMobil
  • LyondellBasell Industries
  • Reliance Industries
PART 13: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain for toluene market
Exhibit 02: Global toluene market
Exhibit 03: Global toluene market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global toluene market by derivative type 2016
Exhibit 06: Global toluene market by derivative type 2021
Exhibit 07: Global toluene market share by derivative type (%)
Exhibit 08: Global toluene market by benzene and xylene 2016-2021 ($ millions)
Exhibit 09: Global toluene market by gasoline additives 2016-2021 ($ millions)
Exhibit 10: Global toluene market by TDI 2016-2021 ($ millions)
Exhibit 11: Global toluene market by solvents 2016-2021 ($ millions)
Exhibit 12: Global toluene market by others 2016-2021 ($ millions)
Exhibit 13: Regional share – 2016-2021 (% share)
Exhibit 14: Regional comparison
Exhibit 15: APAC – market size & forecast 2016-2021 ($ millions)
Exhibit 16: APAC – Year-over-year growth 2017-2021 (%)
Exhibit 17: Americas – market size & forecast 2016-2021 ($ millions)
Exhibit 18: Americas – Year-over-year growth 2017-2021 (%)
Exhibit 19: EMEA – market size & forecast 2016-2021 ($ millions)
Exhibit 20: EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 21: Key leading countries
Exhibit 22: Global toluene market: Major market vendors 2016
Exhibit 23: BASF: Business segmentation by revenue 2016
Exhibit 24: BASF: Geographical segmentation by revenue 2016
Exhibit 25: Chevron Phillips Chemical: Business segmentation by revenue 2016
Exhibit 26: Chevron Phillips Chemical: Geography segmentation by revenue 2016
Exhibit 27: ExxonMobil: Business segmentation by revenue 2016
Exhibit 28: ExxonMobil: Geographical segmentation by revenue 2016
Exhibit 29: LyondellBasell Industries: Business segmentation by revenue 2016
Exhibit 30: LyondellBasell Industries: Geographical segmentation by revenue 2016
Exhibit 31: Reliance Industries: Segmentation of revenue by business 2016
Exhibit 32: Reliance Industries: Segmentation of revenue by geography 2016
Exhibit 33: Specification of toluene
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FEATURED COMPANIES

  • BASF
  • CEPSA (IPIC)
  • DAELIM
  • Indian Oil
  • Mitsubishi Chemical
  • Reliance Industries
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Toluene market 2017-2021

The author of the report recognizes the following companies as the key players in the global toluene market: BASF, Chevron Phillips Chemical, ExxonMobil, LyondellBasell Industries, and Reliance Industries

Other Prominent Vendors in the market are: Wanhua Industrial Group, BP, Braskem, CITGO Petroleum, CEPSA (IPIC), DAELIM, Indian Oil, LOTTE CHEMICAL TITAN HOLDING BERHAD, GS Caltex, Marathon Petroleum, Mitsubishi Chemical, NOVA Chemicals, Petróleos Mexicanos, Shell, SK global chemical, and TOTAL.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Fluctuation in crude oil prices. Toluene is an aromatic compound that is used to manufacture benzene, TDI, and other derivatives. The key component used for manufacturing toluene is gasoline by the catalytic reformer in an ethylene cracker or while making coke from coal. Toluene is a distillate product of crude oil. Toluene is formed by the fractional distillation of crude oil. The fluctuating prices of crude oil affect the prices of the raw material, which affects the production cost of toluene.”

According to the report, one of the major drivers for this market is Widespread application avenues of toluene. Toluene is extensively consumed in TDI, which is used to manufacture flexible PU foams. These foams are used in upholstery, mattresses, and automotive seats. In addition, toluene as a solvent is used in paints, thinners, lacquers, glues, correction fluid, and nail polish remover. It is also used in the printing and leather tanning processes. In biochemistry, toluene is used for breaking or disrupting red blood cells to extract hemoglobin.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in toluene prices. Toluene is generally an aromatic compound that is used for manufacturing chemicals such as benzene, xylene, and others. Toluene is manufactured from crude oil and other natural sources. These compounds rely on the availability of toluene. The price of toluene varies from region to region based on the crude oil prices. The fluctuations in the price of toluene will pose a major challenge to the market in the next five years.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BASF
  • Chevron Phillips Chemical
  • ExxonMobil
  • LyondellBasell Industries
  • Reliance Industries
  • Wanhua Industrial Group
  • BP
  • Braskem
  • CITGO Petroleum
  • CEPSA (IPIC)
  • DAELIM
  • Indian Oil
  • LOTTE CHEMICAL TITAN HOLDING BERHAD
  • GS Caltex
  • Marathon Petroleum
  • Mitsubishi Chemical
  • NOVA Chemicals
  • Petróleos Mexicanos
  • Shell
  • SK global chemical
  • TOTAL
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